important question business and its environment
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Business environment refers to the totality of all the factors which are external and out of control of an individual, business enterprise andtheir management. The mostimportant factors are socio-economic, technological, suppliers, competitors and government.
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Answer : Business environment refers to the totality of all the factors which are external and out of control of an individual, business enterprise and their management. The most important factors are socio-economic, technological, suppliers, competitors and government.
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